Property

Washington, DC 20002 535 3Rd Street NE

Pending
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Presented By: Compass
  • MLS# DCDC2154202
  • 08/22/2024
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  • Beds • 2

Home Details

Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset. Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime locationjust 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Buildingmakes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street. With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining. This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Dont miss out on this rare opportunity to own a piece of DCs thriving rental market and secure your financial future.
Presented By: Compass

Interior Features for 535 3Rd Street NE

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementOutside Entrance, Sump Pump, Other
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories3
Window FeaturesBay/Bow

General for 535 3Rd Street NE

Acceptable FinancingConventional, Cash, FHA, FHA 203(k), VA
AccessibilityNone
AppliancesOven/Range - Gas, Refrigerator
Architectural StyleTraditional
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingWindow Unit(s)
CountyWASHINGTON
Days on Market12
DirectionsSee Google Maps
Garage Y/NNo
HeatingHot Water
Historic Y/NYes
Interior FeaturesWood Floors
Legal SubdivisionOld City 1
Location TypeUrban
Lot Size Square Feet825.00
Lot Size UnitsSquare Feet
ModificationTimestamp2024-09-27T12:23:08
New ConstructionNo
NumberOfUnitsTotal3
NumberOfUnitsVacant3
One Bedroom Units Count2
Other StructuresAbove Grade, Below Grade
Patio/Porch FeaturesDeck(s)
Percent OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG576.92
Property ConditionGood
Property SubTypeTriplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count1
Standard StatusPending
StatusPENDING
Structure TypeInterior Row/Townhouse
Subdivision NameOLD CITY #1
Tax Annual Amount7740.19
Tax Assessed Value910610.0
Tax Lot92
Tax Year2023
Total SQFT1810
Two Bedroom0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1910
Year Built SourceAssessor
ZoningR4

Exterior for 535 3Rd Street NE

Foundation DetailsOther
Land Assessed Value533300.00
Land Use Code
Lot Size Acres0.02
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUrban Land-Sassafras-Chillum
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Schools

High School Eastern High School
Middle School Stuart-Hobson Middle School
Elementary School Ludlow-Taylor Elementary School

Fabiane Farias

Associate
Price $899,999
MLS#DCDC2154202
List Date 08/22/2024
Property Type Pending
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